Experts on China's economic development

Added On March 12, 2018

Many foreign experts say China has made substantial progress since its reform and opening up policy 40 years ago, hailing the country's contribution to the world.
China has set an economic growth target of around 6.5 percent this year.
Some experts highly praised China's economic development and expressed confidence in China's economy.
SOUNDBITE (English): THITINAN PONGSUDHIRAK,Thailand's Chulalongkorn University
"China is doing something that has never been done in the history of the world, which is for a country, a large country, to expand economic growth at a high level year after year for decades, even in a slower period, the trajectory is still at 6 percent range, which is phenomenal."
SOUNDBITE (Chinese): HONG FENG, President Assistant, CP All Academy 
"The growth target of around 6.5 percent shows the Chinese government's confidence in economy and its potential. And China's economic development continues its role of stabilizing the global economy."
SOUNDBITE (Russian): VLADIMIR ZHARIKHIN, Deputy director, Institute of the CIS countries
"The task to reach 6.5 percent GDP growth was set. In the conditions of economic growth, it is not that easy and get low inflation rate at the same time. Usually high rates of growth are accompanied by rather significant inflation changes. In this case, this task is hard, but I think they will cope with it."
SOUNDBITE: KHAIRY TOURK, Professor, Illinois Institute of Technology
"The Chinese economy has improved tremendously in the last four decades. In 1978, the per capita income was only 300 dollars, now it is 8,000 dollars, that makes the country a mid-income nation."
Some experts also praised China's efforts in promoting regional and global cooperation.
SOUNDBITE: YOUSEF AL-AMIRI, President, Kuwaiti-Chinese Friendship Association
"There is a fact about the development issue. I have travelled to many countries such as Senegal, Egypt and other countries. And now China indeed provides help to these countries for development. Now there are a lot of factories and many developments have been realized in many countries of Africa, and the rest of the world. And this is a very obvious fact that China is contributing its efforts to the development of nations in the world."
SOUNDBITE (English): MD NALAPAT, Indian Analyst
"Whether it is talking about trade in which barriers are being removed, whether it is talking about environment or the ecology, China is now stepping forward not as problem but as solution."
Some experts also noted that China is making greater contributions in working with other nations worldwide to build a community with a shared future for mankind. 
SOUNDBITE: MAKOTO NISHIDA, member of Japan's House of Councilors
"We can't help noticing the Belt and Road Initiative. We believe it will not only benefit China, but will also promote regional development. "
SOUNDBITE: EMAD ALAZRAK, Secretary General, Egyptian-Chinese Dialogue Forum
"The Belt and Road Initiative aims at investing and fostering collaboration among countries, especially the developing countries. Also there's the AIIB that help countries with their infrastructure construction. All these efforts show that the Chinese government is determined to strengthen partnership and cooperation between China and the rest of the world."